Brian Goldsmith - Jul 19, 2021 Form 4 Insider Report for LIONS GATE ENTERTAINMENT CORP /CN/ (LGFB)

Role: Chief Operating Officer
Signature: Brian Goldsmith (By Adrian Kuzycz by Power of Attorney)
Stock symbol: LGFB
Transactions as of: Jul 19, 2021
Transactions value $: -$176,197
Form type: 4
Date filed: 7/21/2021, 08:27 PM
Previous filing: Jul 6, 2021
Next filing: Jul 26, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LGFB	Class B Common Shares	Award	$0	+120K	+25.7%	$0.00	586K	Jul 19, 2021	Direct	F1, F2
transaction	LGFB	Class B Common Shares	Award	$0	+24.3K	+4.15%	$0.00	610K	Jul 19, 2021	Direct	F2, F3
transaction	LGFB	Class B Common Shares	Tax liability	-$176K	-12.1K	-1.98%	$14.61	598K	Jul 19, 2021	Direct	F2, F4
holding	LGFB	Class A Common Shares						83K	Jul 19, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LGFB	Non-qualified stock options (right to buy)	Award	$0	+67.4K		$0.00	$0	Jul 19, 2021	Class B Common Shares	67.4K	$11.99	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted share units granted by the Issuer pursuant to the terms of an employment agreement with the reporting person.
F2	Amount includes the following restricted share units ("RSUs") granted by the Issuer, payable upon vesting in an equal number of Class B common shares of the Issuer: (i) 16,105 RSUs that are scheduled to vest on September 11, 2021; (ii) 24,326 RSUs that are scheduled to vest on July 1, 2022; (iii) 238,095 RSUs that are scheduled to vest in three equal annual installments beginning July 23, 2021; and (iv) 119,781 RSUs that are scheduled to vest in three equal annual installments beginning July 19, 2022.
F3	Shares issued upon vesting of restricted share performance units granted by the Issuer pursuant to the terms of an employment agreement with the reporting person, which are payable in an equal number of Class B common shares of the Issuer.
F4	Represents common shares withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 24,325 Class B restricted share performance units. The grant of the units is reported herein and, pursuant to the Lions Gate Entertainment Corp. 2019 Performance Incentive Plan and the Issuer's policies, 12,060 Class B shares were automatically canceled to cover certain of the reporting person's tax obligations.
F5	The reporting person vested in performance options as to Class B common shares, as certain performance criteria for such year and tranches were met.